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Key drivers include increased product launches and innovation.
According to ResearchAndMarkets.com, the global ultrasound transducer market is expected to grow to US$4.53b by 2030, with a CAGR of 3.2% from 2024 to 2030.
Key drivers include increased product launches and innovation focused on improving diagnostic accuracy and safety. Advances such as portable and mobile ultrasound machines are expected to further drive growth.
Many manufacturers are investing in smart production methods and automation to optimize pricing and increase revenue. Innovations such as burst wave lithotripsy for non-invasive kidney stone treatment are also expected to drive demand.
The report states that convex sensors currently hold the largest market share due to their superior image quality, wider footprint and ergonomic design. Meanwhile, 2D linear sensors are the first choice for heart disease diagnosis due to their detailed results.
The general imaging segment is expected to lead the market as ultrasound devices find increased use in primary diagnosis.
The Asia-Pacific region is also expected to experience significant growth, driven by lower labor costs and untapped markets in developing regions.
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